Apr 9, 2012

Marketplace for Monday, April 9, 2012

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One billion dollars: That's how much Facebook is going to pay in cash and stock for the mobile photo-sharing company Instagram. Meanwhile, AT&T said it's going to sell a majority stake of its Yellow Pages unit for $750 million. Natural…

Segments From this episode

'Taxes are a fraud!'

Apr 5, 2012
Commentator P. J. O'Rourke says the sheer complexity of the tax code makes it one giant con.

Facebook to pay one billion for Instagram

Apr 9, 2012
The company's photo-sharing app and social network will be Facebook's biggest acquisition yet

We're running out of room to store natural gas

Apr 9, 2012
Natural gas is housed in underground salt caverns, depleted oil fields and aquifers. And the glut of gas means they are filling up too fast.

The social networking deal

Apr 9, 2012
A quick look at the social media landscape, and not everyone is happy about the Facebook-Instagram deal.

Gambling on cancer treatments

Apr 9, 2012
A new study shows that cancer patients prefer riskier approaches with very low odds of success , over more successful ones that wouldn't extend their lives as long.

Every day is tax time

Apr 9, 2012
Taxes are all around, but we may not realize it.

Belfast makes the most of its Titanic connection

Apr 9, 2012
Hungry for business, Belfast in Northern Ireland is trying to cash in on its role as the city where the ill-fated ship was built.

AT&T finally sells its Yellow Pages unit

Apr 9, 2012
AT&T said it is selling its Yellow Pages unit to private equity firm Cerberus. One a powerhouse, the Yellow Pages is losing to online rivals.

Federal job retraining programs are running out of money

Apr 9, 2012
The economy's doing better, but unemployment is still at over 8 percent. Lots of jobless workers have turned to federally-funded retraining programs, but as New York Times reporter Motoko Rich reports, funding is running dry.

One billion dollars: That’s how much Facebook is going to pay in cash and stock for the mobile photo-sharing company Instagram. Meanwhile, AT&T said it’s going to sell a majority stake of its Yellow Pages unit for $750 million. Natural gas production is booming, but the U.S. is running out of places to store it. And with Tax Day around the corner, we look at why filing taxes is not just a once-a-year thing; we are taxed every single day. Plus, one commentator explains why taxes are a fraud.

Music from the episode

It. 122 Alexander Robotnick, Ludus Pinsky
Brain Freeze Sackcloth Fashion
This American Life (Instrumental) - Instrumental THE NEXT, Talib Kweli, Immortal Technique

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